Merging two or more submarkets into one larger target market as a basis for one strategy is known as the ________ target market approach.

A. multiple
B. particular
C. blended
D. combined
E. compound


Answer: D

Business

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Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year. The company's estimated total indirect costs are $152,000. The direct labor rate is $104 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Baptiste performs a job requiring 52 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

A) $5408 B) $216,320 C) $2269 D) $7940

Business

With respect to fund basis financial statements, governmental funds are considered to be a major fund when total assets, liabilities, revenues and expenditures combined are at least 10% of the total for the governmental funds category.

Answer the following statement true (T) or false (F)

Business

?During the market orientation, businesspeople realized that if they could produce products efficiently, customers would buy them.

Answer the following statement true (T) or false (F)

Business

U.S. employment law is:

a. a complete body of federal law b. a complete body of federal and state law c. a fragmented work in progress d. a fragmented body of common law

Business